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$1332.6 Resistance Key This Week *RES....>

GOLD TECHS
GOLD TECHS: $1332.6 Resistance Key This Week
*RES 4: $1340.8 - Low Apr 19 now resistance 
*RES 3: $1332.6 - High Apr 24
*RES 2: $1327.2 - 55-DMA 
*RES 1: $1325.5 - 100-DMA
*PRICE: $1321.0 @ 2130GMT
*SUP 1: $1318.9 - High May 7 now support 
*SUP 2: $1310.5 - Low May 10 
*SUP 3: $1305.7 - 200-DMA 
*SUP 4: $1301.5 - 2018 Low May 1
*COMMENTARY: Gold failed to gain traction on dips below the 200-DMA with focus
having returned to $1325.5-1332.6 where key DMAs are located. Bulls continue to
look for a close above $1332.6 to gain traction above key DMAs and to return
focus to $1355.7-1366.1 where 2018 highs are found. Bears now need a close below
$1318.9 to gain breathing room and below $1301.5 to add weight to the case for a
test of the 200-WMA ($1234.5).

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